Category: Blockchain

Crypto Investors Should Expect No Compensation From Government: UK Regulator

Nikhil Rathi, the Chief Executive Officer of the United Kingdom Financial Conduct Authority (FCA) has taken a harsh stance against the chances of victims of digital currency scams receiving compensation from the government.  Speaking through a statement to the Treasury Committee, Rathi commented about the risks of the much-unregulated cryptocurrency sector in the country: “When we talk

France & Switzerland Central Banks Succeed Pilot CBDC Trials in Conjunction with BIS

The trio of the Central Banks of France, Switzerland, and the Bank of International Settlements (BIS) has successfully conducted a wholesale Central Bank Digital Currency (wCBDC) trial involving both country’s fiat notes. The BIS revealed the “experiment programme launched by the Banque de France (BdF) in 2020 has been completed”. It also involved third-party technology service providers, including

Kickstarter’s New Company Will Run on Blockchain Tech by 2022

Crowdfunding platform Kickstarter plans to unveil a standalone company by building a crowdfunding system based on blockchain technology. In a blog post, CEO Aziz Hasan and co-founder Perry Chen also reported that Kickstarter will switch its own website to the new infrastructure following the completion of the new company sometime in 2022. Currently, the new

Hong Kong-Based Chiron VC Raises $50M for Launching Terra Ecosystem Fund

One of Asia’s biggest Venture Capital firms, Chiron Partners, has launched a $50 million ecosystem fund christened the Chiron Terra Fund I (CTI), aimed at supporting innovative projects that are emerging from the Terra blockchain ecosystem. The firm announced that the CTI will support the projects. In addition, the Fund will involve in decentralized finance (DeFi), non-fungible tokens

Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%

After experiencing a rocky weekend where lows of $42K were hit, Bitcoin (BTC) has back above the psychological price of $50,000. The leading cryptocurrency was standing around $50,429 during intraday trading, according to CoinMarketCap. Both ups and downs have characterized Bitcoin’s twelve-year journey, given that it has at times been pushed against the wall. Bitcoin’s

Ubisoft Launches Digits, the First AAA-level Game Energy-saving NFT

Rennis, France-based Ubisoft, a video game developer and publisher launches a platform called “Digits” on its own Ubisoft Quartz NFT platform, stepping into the field of encrypted NFT. The game titan said it will launch a Ghost Recon Breakpoint beta version for PC players on Ubisoft Connect this week. The official Twitter claims to bring the